Syrup, Seasoning, Oils, & General Food Market Report 2026

The syrup, seasoning, oils, & general food market size has grown strongly in recent years. It will grow from $403.02 billion in 2025 to $425.25 billion in 2026 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to rising urbanization and changing dietary habits, expansion of packaged food consumption, growth of organized retail channels, increasing use of vegetable oils in cooking, diversification of seasoning and dressing portfolios.

The syrup, seasoning, oils, & general food market size is expected to see strong growth in the next few years. It will grow to $544.56 billion in 2030 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to growing demand for plant-based oils and dressings, rising preference for organic and natural ingredients, expansion of digital grocery platforms, increasing focus on supply chain traceability, innovation in flavor formulations. Major trends in the forecast period include increasing demand for clean-label food products, rising adoption of sustainable packaging solutions, growing focus on premium and specialty food variants, expansion of e-commerce-based food distribution, enhanced use of data-driven demand forecasting.

The increasing demand for processed food products is expected to propel the growth of the syrup, seasoning, oil, and general food market going forward. Processed food products, including sauces, seasonings, cooking oils, and ready-to-eat meals, offer convenience and significant time savings for consumers. With increasingly busy lifestyles, consumers are seeking quick and easy meal solutions, driving higher usage of syrups, seasonings, and oils as essential ingredients in processed and convenience foods. For instance, in March 2025, according to the Australian Bureau of Statistics, an Australian-based national statistical agency, an estimated 15.3 million tonnes of food and non-alcoholic beverages were sold across food stores in Australia during 2023-24. This represented a 3.5% increase, or 0.51 million tonnes, compared with the previous year (2022-23). Therefore, the increasing demand for processed food products is driving the growth of the syrup, seasoning, oils, and general food market.

Major companies operating in the syrup, seasoning, oils, and general food market are focusing on product innovation, such as complex seasoning blends, to meet evolving consumer preferences for bold and layered flavors. Complex seasoning blends are pre-mixed combinations of multiple spices and flavoring agents designed to deliver multidimensional taste profiles, offering a balance of heat, sweetness, smokiness, and savory notes in a convenient format. For instance, in January 2025, McCormick & Company, Incorporated, a U.S.-based spices and flavorings company, launched Aji Amarillo Seasoning, a complex seasoning blend combining dried Aji Amarillo chili pepper, natural oak-smoke flavor, and complementary herbs and spices. This ready-to-use blend delivers fruity, smoky, savory, and mildly spicy notes, enhancing a wide range of dishes while providing consistency and convenience for home cooks and foodservice operators.

In October 2025, Woodland Foods, LLC, a U.S.-based food ingredient and culinary solutions company specializing in spices and customized flavor systems, acquired International Spices, Ltd. for an undisclosed amount. Through this acquisition, Woodland Foods aims to strengthen its custom seasoning capabilities across foodservice and industrial channels by integrating International Spices’ expertise in high-impact flavor blends and rapid product development. International Spices, Ltd. is a U.S.-based food and beverage manufacturer specializing in custom seasoning blends and ingredient systems for industrial, foodservice, and private-label customers.

Major companies operating in the syrup, seasoning, oils, & general food market are Archer-Daniels-Midland Company (ADM), Wilmar International Ltd., Bunge Limited, Musim Mas Group, Unilever plc, The Kraft Heinz Company, McCormick & Company, Kikkoman Corporation, Mewah International Inc., Nestle India Ltd., Del Monte Fresh Produce Ltd., Dali Foods Group Co. Ltd., Danone Group, Hangzhou Wahaha Group Co. Ltd., Nongfu Spring, China Haisheng Juice Holdings Co. Ltd., Beijing Huiyuan Food & Beverage Co. Ltd., Associated British Foods plc, Arla Foods amba, Greencore Convenience Foods, Südzucker AG, Dr. August Oetker Nahrungsmittel KG, EAT 'N' JOY Foods Private Limited, Cargill India Pvt. Ltd., The Hershey Company, The J.M. Smucker Company, PepsiCo Inc., General Mills Inc.

Asia-Pacific was the largest region in the syrup, seasoning, oils, & general food market in 2025. Western Europe was the second-largest region in the syrup, seasoning, oils, & general food market. The regions covered in the syrup, seasoning, oils, & general food market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the syrup, seasoning, oils, & general food market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The syrup, seasoning, oils, and general food market consists of sales of seasoning products, natural oils, and bakery food. The companies in the food and beverages industry process raw materials into food, pet food, and tobacco products, package and distribute them through various distribution channels to both on-trade and off-trade establishments. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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